Patrick Witt, Executive Director of the White House’s Digital Assets Advisory Committee, Steps Down

Patrick Witt, Executive Director of the White House’s President’s Advisory Council on Digital Assets, has announced he will leave government service to return to the private sector—a decision he disclosed last week. As for his successor, the White House has not yet named a new crypto policy lead, and the selection remains undecided. The Council has previously seen departures from Harry Jung and Bo Hines. White House officials say digital asset policy—and the proposed Digital Asset Market Structure Act—remain top priorities for the Trump administration; however, the vacancy has raised questions about the pace and effectiveness of policy implementation. With next month’s midterm elections approaching, the executive branch continues advancing rulemaking in the digital asset space. Once the new Congress convenes in 2027, crypto legislation will require active coordination by a White House liaison; tax-related bills are expected to move ahead of broader market-structure reforms; and should Democrats flip the House, the congressional landscape could…